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Oil prices followed stocks lower yesterday as...>

OIL
OIL: Oil prices followed stocks lower yesterday as global asset correlations
surged. Brent is trading at fresh daily lows today at $81.50 as the 21-dma gives
way opening the key $80 level. Below here would spell trouble for the bulls. 
- WTI has also lost its grip on its 21-dma, with bears in control in the near
term as the $70 level comes into focus. 

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